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So glad this is being addressed, I'd been hoping for real research on these issues for a while. To wildly extrapolate with no evidence, which is what I do best:
by bbctol 10y ago
So glad this is being addressed, I'd been hoping for real research on these issues for a while. To wildly extrapolate with no evidence, which is what I do best:
Is anyone else worried that data analysis/"AI" is going to replace data itself as a source of power? The idea that information asymmetries fuel businesses has been around for a long time--a main way for a company to make a long-term profit trading goods is possessing information over the customers. As information becomes more available to the consumer, it looks like the ability to process that data becomes the asymmetry used for profit; Uber's surge-pricing is effective not just because they know more about how busy a city is than an individual consumer, but because they can analyze that data more effectively. I foresee (again, totally speculating and probably wrong) consumers having access to more and more data, but being outcompeted cognitively by large corporations, who are better able to understand and exploit their behavior.